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464 Myrtle Ave

Irvington Twp., NJ 07111
  • $725,000
  • STATUS: Active Under Contract
  • ON SITE: 31 Days
  • ID#: 3958020
Under Contract
$725,000
  • 7
    BEDS
  • 0.12
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

Description

464 Myrtle Avenue, Irvington NJ is a meticulously renovated three-family home offering a fantastic investment opportunity (8.7% Pro-Forma Cap Rate- Inquire for Income and Expense Sheet) with modern amenities, excellent parking options, and a prime location with easy access to transportation and local attractions. Units 1 and 2 are spacious 3-bedroom, 2-bathroom apartments, if seeking generous living spaces. Unit 3 is a cozy 1-bedroom, 1-bathroom apartment, perfect for those looking for a compact yet comfortable living space. Fully gut-renovated in 2020, the property boasts modern appliances, all new plumbing and electrical, new roof, hardwood floors, central ac and forced hot air. Parking includes a 3-car covered garage, with a long driveway accommodating 5 plus car. The property is conveniently located right off the Garden State Parkway, providing easy access for commuters and travelers. The Newark Airport Railroad Station is only about 3 miles away, offering direct access to New York City via NJ Transit trains. The commute to New York Penn Station is approximately 28 minutes. NJ Transit buses (Routes 107 and 198) offer convenient transportation to Manhattan, with a nearby bus stop on Clinton Ave and Stuyvesant Ave. Located near Vailsburg Park, a lush green space offering recreational opportunities for residents. With its prime location, modern renovations, and access to public transportation, this unique 3 family home is an excellent choice for investors or owners alike!

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Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Daunno Realty Services, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Daunno Realty Services, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-05-23T23:46:54.347.
www.daunnorealty.com/homes/162828730
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464 Myrtle Ave Irvington Twp., NJ 07111

  • Price: $725,000
  • Status: Active Under Contract
  • On Site: 31 Days
  • ID#: 3958020
7
Beds
5
Baths
0
½ Baths
0.12
Acres
1924
Built
County:
Essex
Area:
Irvington Twp.
Property Description
464 Myrtle Avenue, Irvington NJ is a meticulously renovated three-family home offering a fantastic investment opportunity (8.7% Pro-Forma Cap Rate- Inquire for Income and Expense Sheet) with modern amenities, excellent parking options, and a prime location with easy access to transportation and local attractions. Units 1 and 2 are spacious 3-bedroom, 2-bathroom apartments, if seeking generous living spaces. Unit 3 is a cozy 1-bedroom, 1-bathroom apartment, perfect for those looking for a compact yet comfortable living space. Fully gut-renovated in 2020, the property boasts modern appliances, all new plumbing and electrical, new roof, hardwood floors, central ac and forced hot air. Parking includes a 3-car covered garage, with a long driveway accommodating 5 plus car. The property is conveniently located right off the Garden State Parkway, providing easy access for commuters and travelers. The Newark Airport Railroad Station is only about 3 miles away, offering direct access to New York City via NJ Transit trains. The commute to New York Penn Station is approximately 28 minutes. NJ Transit buses (Routes 107 and 198) offer convenient transportation to Manhattan, with a nearby bus stop on Clinton Ave and Stuyvesant Ave. Located near Vailsburg Park, a lush green space offering recreational opportunities for residents. With its prime location, modern renovations, and access to public transportation, this unique 3 family home is an excellent choice for investors or owners alike!
Exterior Features

Approximate Lot Size 37.50 X 145 Exterior Description Vinyl Siding Garage Description Detached Garage Number Of Parking Spaces 5 Parking Driveway Description 1 Car WidthBlacktop Roof Description See Remarks

Interior Features

Basement Yes Basement Description FullUnfinishedWalkout Cooling Central Air Heating 3 UnitsForced Hot Air Total Number Of Rooms 15 Unit1 Appliances Equipment Microwave OvenRange/Oven - GasRefrigerator Unit1 Baths 2.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsKitchenLiving Room Unit1 Rooms 6 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Microwave OvenRange/Oven - GasRefrigerator Unit2 Baths 2.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description KitchenLiving Room Unit2 Rooms 6 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description BedroomsKitchenLiving Room Unit3 Rooms 3 Unit3 Sq Ft 0

Property Features

Assessment Total 492700 Building Assessment 359300 Easement No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 60000 Land Assessment 133400 Net Operating Income 46555 Sewer Public Sewer Tax Amount 9128 Tax Rate Amount 6.197 Tax Rate Year 2024 Tax Year 2024 Total Operating Expense 13445 Unit Style See RemarksTriplex Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit1 Rent 2000 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit2 Rent 2000 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit3 Rent 1000 Unit3 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Provident Legacy Real Estate: 201-809-9925.


Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Daunno Realty Services, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Daunno Realty Services, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-05-23T23:46:54.347.
 
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